Annual Financial Report

This is to confirm that Development Securities PLC has posted its 2010 Annual Report, 2011 Notice of Annual General Meeting and Form of Proxy to shareholders.

Copies of the 2010 Annual Report and 2011 Notice of Annual General Meeting are available to view on the Company's website at www.developmentsecurities.co.uk

Copies of the above documents can also be obtained from Helen Ratsey Interim Company Secretary, Portland House, Bressenden Place, London, SW1E 5DS tel: 020 7828 4777.

The 2010 Annual Report and Accounts can be viewed at http://ww7.investorrelations.co.uk/devsec/uploads/reports/development_securities_ar_2010.pdf

A copy of the above documents have been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.Hemscott.com/nsm.do

Helen Ratsey

Interim Company Secretary